Engineering firm extends lease at trading estate

Patera Engineering, a long term occupier at City Park Trading Estate in Stoke-on-Trent, has extended its lease for a further 10 years.

Based at the site for more than five years, Patera Engineering has committed to another decade with new owners, Sandyford Properties.

Shaun Lees, managing director of Patera Engineering said: “Sandyford Properties has been the third owner of the City Park site in the time that Patera Engineering has been in occupation.

“When they acquired the site two years ago, we immediately noticed a change in approach, and we have found them accessible and easy to work with.

“They are based locally and are visible on site. We have built a good relationship with them, both as a owners, but also as a customer of Patera.”

James Lewis of Sandyford Properties said: “City Park Trading Estate is a well-established industrial estate in the heart of the city. The new 10 year lease to Patera Engineering shows their commitment to the location and is testament to the service we provide to our customers. We look forward to continuing the relationship with Shaun and the team.”

City Park Trading Estate was acquired by Sandyford Properties in 2018. Based on the edge of Fenton Industrial Estate, it has 16 industrial units with additional compound space.

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